Report: Lehman Brothers used illegal accounting trick to hide debt
www.theytoldyou.com msnbc’s Dylan Ratigan talks with former New York Gov. Eliot Spitzer about the release of a 2200 page report laying out a potential criminal case against Lehman Brothers, whose collapse led to a major financial meltdown. Lehman’s allegedly used transactions called “repo transactions”, which works basicaly the same as a pawn shop transaction, and [...]

